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Please refer to the Safe Harbor language on Slide 3 of the presentation. Our comments today will contain forward-looking statements. These statements are subject to risks and uncertainties as described in the press release and other filings with the SEC. The company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.Today's discussion will focus on results from continuing operations and will include references to non-GAAP financial measures in order to provide more meaningful comparisons between the periods presented as outlined on Slide 4. Reconciliations between GAAP and non-GAAP results are provided in the attachment to the press release and the supplemental slide presentation. The presentation will begin on Slide 6. I will now turn the call over to Frank Martire for an overview of first quarter results. Frank? Frank R. Martire Thanks, Mary. Good morning, everyone, and thank you for joining us on today's call. I'll begin today's business review with a brief summary of our financial performance and business highlights for the first quarter of 2012. Gary will follow with the operations report and Mike will provide additional insight into our financial results and our outlook for the remainder of the year. We are very pleased with our strong first quarter results. Organic revenue growth improved to 5.3% in the first quarter, driven by solid performance across all businesses. EBITDA increased 10.3% and the EBITDA margin expanded 150 basis points to 28.1%. Earnings per share totaled $0.55, which represents a 22% increase compared to the first quarter of 2011. These results reflect our ongoing focus on increasing organic growth, driving margin expansion and delivering double-digit growth in earnings per share. The team is doing a great job executing the strategy that we described at the Investor Day.
I will now continue with Slide 7. We are making solid progress in expanding client relationships in all of the markets that we serve. Last week, we hosted the first of several client conferences scheduled for 2012. The discussions we are having with clients indicate that they are increasingly focused on driving future growth given the progress they have made to improve profitability and strengthen their balance sheets. I was also very pleased with the positive feedback regarding our product offerings and integrated solutions. We feel good about the strength of our client relationships. We recently completed 2 solution enhancing acquisitions to further expand our risk, broad and compliance offerings, which are key areas of focus for financial institutions. These acquisitions support our strategy to buy, build and invest in new products to cross-sell to our clients. Gary and Mike will provide additional details regarding these investments later on the call.Throughout 2011 and 2012, we have made, and we'll continue to make, significant investments to improve our overall information security and risk management functions. For example, on March 9, we announced the hiring of Greg Schaffer as our new Chief Information Security Officer. Greg previously worked as Assistant Secretary for Cybersecurity and Communications for the Department of Homeland Security. On April 17, we announced the hiring of Greg Montana as our new Chief Risk Officer. Greg previously worked as Senior Operational Risk Executive for Bank of America. Both positions report directly to me. We look forward to the additional experience that these 2 new executives bring to FIS. Overall, I am very encouraged with our strong start to the year and the progress we are making towards achieving our 2012 objectives. We are working hard to maintain this momentum and are committed to executing the strategy that we communicated at our Investor Day. As always, our management team and employees are focused on serving our clients, growing the business and driving value for our shareholders.
One last thing before I turn the call over to Gary. Our ranking as the world's leading FinTech provider is due in large part to the execution of a disciplined, highly successful acquisition strategy. Bill Foley begin laying the foundation for FIS in 2003, with the acquisition of Alltel Information Services, and served as Board Chairman since taking the company public in 2006 through March 2012. On behalf of our board, our management team and our employees around the world, we would like to extend our sincere appreciation to Bill for the outstanding vision and leadership he has contributed in the creation and evolution of our company. We look forward to his ongoing involvement with FIS as Vice Chairman of the Board.Now I will turn the call over to Gary for the business report. Gary? Gary A. Norcross Thanks, Frank, and thanks to everyone for being with us today. My presentation begins on Slide 9. I'll begin with an update on the global sales climate, followed by a summary of business highlights for the quarter. Although the regulatory environment has created challenges for financial institutions, they are moving forward, developing and executing new revenue strategies. We are encouraged by the renewed focus on growth and investing for the future. Ongoing initiatives to improve efficiencies continue to favor outsourcing over in-house solutions. While we anticipate that 2012 will continue to be a time of transition for the financial industry, we believe that the outlook for the banking sector and the economy as a whole is improving. Read the rest of this transcript for free on seekingalpha.com